Ondo Shortlisted for 2023 Breakthrough Award

Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, is delighted to announce its shortlisting for the Breakthrough of the Year Award at the upcoming PLC Awards 2023.

PLC Awards, established in 1987 and sponsored by BDO in association with the London Stock Exchange, stand as a beacon in recognizing outstanding achievements within the Main Market of the London Stock Exchange, the revered "plc club." Scheduled annually in March, this event highlights excellence across various categories with a particular emphasis on Environmental, Social, and Governance (ESG) considerations, reflecting the dynamic and evolving landscape of responsible corporate citizenship.

Ondo's nomination in the Breakthrough of the Year category recognises its pioneering efforts in the insurtech sector. Notably, its proprietary leak detection product, Leakbot, which leads the charge in proactive claims prevention. The Company's dedication to innovation, transformative solutions, and sustainable practices align with the demanding ESG criteria championed by the PLC Awards, as well as the diverse needs of customers and homeowners committed to conservation.

In 2022, Ondo received the London Stock Exchange's Green Economy Mark, a recognition of its significant contribution to the global green economy through the water-saving benefits delivered by Ondo's LeakBot product.

Craig Foster, CEO of Ondo InsurTech, commented: "This nomination underscores our pursuit of innovation and our commitment to delivering groundbreaking tech solutions to solve real-world problems. Our focus on responsible and sustainable business practices is unwavering."